Foreign investment capital in Hai Phong increased sharply. Hai Phong is a port city, an industrial and service center, an important traffic hub on roads [...]
Hai Phong is a port city, industrial and service center, an important transportation hub on roads, railways, inland waterways, seaways and airway. With this advantage, Hai Phong is one of the few localities that takes the lead and soon receives FDI capital.
Due to clearly identifying comparative advantages, considering foreign economic development as a driving force and an important solution in socio-economic development. Hai Phong attracts investment capital from 28 countries and territories, of which Japan is ranked first in number of projects and investment capital (85 projects, with a total investment capital of nearly 2.4 billion USD), Korea ranks fourth in number of projects (37 projects) and ranks second in investment capital (1,056 billion USD). The total FDI capital registered in the past 5 years is 1.5 times the total FDI capital attracted in all previous years combined. FDI attraction in recent years has shifted towards increasing services, trade, and real estate; Industry focuses on processing, mechanical manufacturing, and environmentally friendly projects.
In the first 6 months of the year, Hai Phong city's GDP increased by 7.2%; output of goods through the port increased by 14.6%; The number of tourists increased by 7.1%; Attracting foreign direct investment reached 637 million USD. The city's growth model gradually shifts from breadth to depth, attracting many investment projects using high technology.
Typically, in Dinh Vu Industrial Park, there are currently 53 projects in operation with a total investment capital of more than 3 billion USD. In the first 6 months of the year, this industrial park attracted 125 million USD of investment capital. With modern, synchronous infrastructure, meeting the investment requirements of many businesses from large countries and many different industries, Dinh Vu Industrial Park is one of the investment addresses targeted by many businesses. Notably, the industrial park meets the requirements of developing general industry, light industry, heavy industry, petrochemicals, logistics... There are many large investors here such as Bridgestone Vietnam Company (tyre production); Knauf Vietnam Company (producing plasterboard); Tamada Vietnam Company (manufacturing metal tanks); Proconco Company (food productionn cattle); Chevron lubricant company, Shin etsu Vietnam Company (refining oxides and rare earth metals)... Enterprises in Dinh Vu Industrial Park create jobs for 4,500 workers.
VSIP Hai Phong urban industrial and service park attracted about 1.1 billion USD of investment capital, including capital from VSIP Hai Phong Co., Ltd. Accordingly, in the first half of 2014, VSIP Hai Phong attracted nearly 200 million USD of investment capital. To date, in the industrial park there are 11 factories in operation and 10 factories under construction; 1 enterprise is applying for an investment license; 3 businesses have signed a commitment to invest in VSIP Hai Phong. Enterprises operating in VSIP Hai Phong are mainly from Japan, including many large enterprises such as Fuji Xerox, Kyocera, Zeon... These enterprises operate stably, some enterprises continue to expand investment, increase export product output, positively contributing to the growth of the industrial production development index.industry and the city's export turnover; create stable jobs for thousands of workers.
Despite facing many difficulties due to the general impact of the world and domestic economies, Hai Phong still achieved important results, with a fairly high economic growth rate and basically completing socio-economic targets.
Procedures
